Carlyle Group: The Provider of Investor Satisfaction with Steady Earnings Performance
Portfolio Pulse from Benzinga Insights
Carlyle Group (NASDAQ:CG) is set to pay a dividend of $0.35 per share on November 29, 2023, with an annualized yield of 4.84%. Shareholders eligible for this dividend must have held the stock before the ex-dividend date of November 20, 2023. The company's dividend yield is moderate compared to industry peers like FS KKR Capital (NYSE:FSK), which has a yield of 14.11%. Carlyle Group's dividend per share has decreased from $1.36 in 2019 to $1.23 in 2022, while its earnings per share have grown from $2.81 to $5.34 over the same period, indicating a potential strategic shift towards reinvestment.
November 29, 2023 | 3:05 pm
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NEUTRAL IMPACT
FS KKR Capital has the highest annualized dividend yield among its peers at 14.11%, which is significantly higher than Carlyle Group's yield. This comparison may influence investor perception of FSK's attractiveness as an income investment.
While FSK's high dividend yield is mentioned, the article does not provide any new information or changes regarding FSK's dividends or financial health. Therefore, the short-term impact on FSK's stock price is likely neutral, but the comparison to CG could affect investor perception.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Carlyle Group is distributing a $0.35/share dividend with a 4.84% yield. Despite a decrease in dividend per share since 2019, earnings growth is strong, indicating a potential future increase in dividends or strategic reinvestment.
The announcement of a steady dividend payout is generally seen as a positive signal to investors, especially when accompanied by strong earnings growth. This suggests financial health and may lead to a short-term positive impact on CG's stock price. However, the decrease in dividend per share over the years might raise questions about the company's long-term dividend policy.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100